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NO.1 Netting is used by which of the following as a cross-border payment technique?
A. Counterparties in a letter of credit transaction
B. TARGET participants
C. European giro providers
D. Foreign subsidiaries of a company
Answer: D

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NO.2 The KEY decision in using CCD+ and CTX formats for B2B payments is:
A. whether to use an EDI or a UN/EDIFACT protocol to transfer the value electronically.
B. whether an evaluated receipts or paid-on-production technique is being used for the transfer.
C. whether to use the Internet or an EDI spoke to transmit electronic payments.
D. whether to keep the payment and remittance information together or separate.
Answer: D

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Exam Code: CTP
Exam Name: Certified Treasury Professional
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CTP Customizable Exam Mode Total Q&A: 932 Questions and Answers
Last Update: 2017-01-21

CTP Latest Exam Practice Detail: CTP Customizable Exam Mode

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